TRACTOR SALES DIP

According to figures released by the AEA only 487 agricultural tractors were registered during February 2023 - 15% fewer than the same month last year.

Agricultural economist at the Association, Stephen Howarth, said, "February generally sees relatively small numbers of tractors registered, as buyers wait for the new registration plates from the beginning of March."

Stephen continued, "The higher level of registrations in January means that the total for the year to date was still 6% higher than in the opening two months of 2022 and was close to the recent average for the time of year."